2500 NW A St,Richmond,IN,47374

Investment Highlights

Investment property for sale in Richmond at 2500 NW A St, Richmond, IN, 47374 listed at $184,200 pairs $1,430/mo rent with a $902/mo payment to leave $324/mo cash flow. Total monthly income runs $1,430/mo, and annual cash flow reaches $3,886/yr on $61,062 cash to close. Return on cash invested measures 26.27% in year one, and rental yield registers 9.32% at a $184,200 basis. Equity gained on principal adds $1,189/yr, and annual property appreciation at 5% supports $50,891 by year five. Five-year ROI tracks 136.72% and total cumulative return in cash totals $83,487. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,430/mo property income relative to a $902/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).